There is a lot that has been said about TikTok and what the viability of it as a money making platform really is, as some people believe that people on TikTok don’t make money at all, while others believe that everybody on TikTok makes a ton of money. Like most things, the truth is somewhere in the middle and now, Nigerian TikTok star Peller is revealing during an interview with Ebuka on Rubbin’ Minds the reality of his finances from Tiktok.
During the show, Peller was asked “How much do you make on TikTok on average?” to which Peller revealed:
PELLER: How much I make on TikTok? Me, make I no lie. All that one dem dey talk say it’s 200 million—no oh! Make dem no talk that thing again. How much I make on TikTok… because me, I don’t go to TikTok to make money. Before, I’m interested in making money on TikTok Live—I want to be doing it all the time. But in this life, you have to have strategy. It’s strategy I used.
I noticed that once I’m asking for gifts, my views go down. But when I’m talking, I think my people love me. Even the people wey dey say I’m not funny, they keep wanting me when I’m just talking normally. So now, I will just be on live, talking, talking, talking. I no go ask for gifts. When I end the livestream, I fit see like $2,000, $3,000 for like 20 to 30 minutes.
“You do livestreams every day?”
PELLER: No, not every day like that. I don’t do livestream every day like that. You don’t have to have your face out every day. If your face is out every day, you will be forgotten. In a week, I can do live maybe three times.
“What’s the most you have made in one live?”
PELLER: In one live, I have made like $10,000. Yes, the day wey I play match. Me, I don’t play match like that, but the day where I play big match—like big one—I made like $10,000. I was surprised. Maybe na that first time say I first make that, because I dey always make like $7,000, $8,000. But that day, I made $10,000.
“So on average, you’re making give or take like 15K a week?”
PELLER: You are getting there, but no. TikTok takes percentage. What I can say is, in a week on TikTok, if I’m active, I can make maybe 20 million or 15 million, yes.
“That’s very impressive. So how much does TikTok take?”
PELLER: TikTok, dem go komot from inside oh. See, like that $2,000 now, if you collect it on TikTok, you fit withdraw like maybe $1,500 from it.
What do you think about what Peller said? Let me know your thoughts by leaving a comment either below or on my Jide Okonjo Facebook post.